AUD/USD: We recommend selling into 0.6800-0.6850 zone - ANZ

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AUD/USD: We recommend selling into 0.6800-0.6850 zone - ANZ

<p>ANZ Research likes selling AUD/USD into a rally through 0.6800-0.6850 zone.</p><p>"Weakness in the USD pulled AUD upwards early in the week and it has since consolidated around the 0.67 level," ANZ notes. </p><p>"Overall, we think upside remains capped by structural factors (decelerating liquidity and growth conditions) but the
 improvement in sentiment could persist into year-end and see AUD
challenge 0.68-0.6850.We recommend selling into such a level," ANZ notes. </p><p>For bank trade ideas, <a href="https://plus.efxdata.com/ad/track/4655172E54F06040571CD0AB083845AD" rel="nofollow" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://plus.efxdata.com/ad/track/4655172E54F06040571CD0AB083845AD&source=gmail&ust=1668873899582000&usg=AOvVaw3UEX1gplpi6LIFYlGjDORn">check out eFX Plus</a>. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. <a href="https://plus.efxdata.com/ad/track/4655172E54F06040571CD0AB083845AD" rel="nofollow" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://plus.efxdata.com/ad/track/4655172E54F06040571CD0AB083845AD&source=gmail&ust=1668873899582000&usg=AOvVaw3UEX1gplpi6LIFYlGjDORn">Get it here</a>.

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                This article was written by Adam Button at forexlive.com.

Source: AUD/USD: We recommend selling into 0.6800-0.6850 zone - ANZ

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